Answer: D) Output decreases by more than 25 percent
Explanation:
When a firm is said to be experiencing Increasing Returns to Scale, it means that for every additional unit of a factor of production, the firm experiences a higher increase in production than the additional unit. For example, if a Firm's output increases by 1.5 every time they hire an extra worker, the firm is said to be going through Increasing Returns to Scale.
With that same logic, if factors of production were reduced, the company undergoes a reduction in output that is bigger than the reduction in the factor of production.
For this reason, option D is correct in saying that Output decreases by more than 25 percent.
The correct answer for the question that is being presented above is this one: "plane." <span>Sending products by plane is the most expensive option available to producers. Using plane as a way to transport products can be quite expensive compared to rail, truck or ship.</span>
Answer:
b. Is developed for a single level of expected output.
Explanation:
The static budget means the fixed budget i.e fixed in nature. The amount does not changed moreover there is no significant changes occurred in this type of budget. If there is any business fluctuations or any other kind of fluctuations it does not impact at all
In addition, it is developed for a single level of expected output i.e developed for a single activity by considering its expected outcome or results
A taxidermist is a person who practices taxidermy.
Answer:
c. It must include both qualitative and quantitative methods.
Explanation:
For the research of behaviors related to various reactions to different types of media, I will consider both qualitative and quantitative methods.
Qualitative and quantitative methods together provide more comprehensive results of the research. Qualitative methods give the quality of the media type and quantitative methods will give quantitative data such as how many people are using the particular media type and for how much time.
Hence, the correct answer is " c. It must include both qualitative and quantitative methods."
